1644 Brantley ave - Restaurant FOR SALE


Cullman, AL 35055
$1,851,852 USD
332-345-4222
1644 Brantley ave, Cullman, AL for Sale
$1,851,852 USD
Restaurant - FOR SALE
1/2
null | 6.75% Cap Rate

1644 Brantley ave
Cullman, AL 35055


HIGHLIGHTS

  • 15-Year Absolute Triple Net (NNN) Lease | At closing the tenant will execute a brand-new 15-year absolute triple net lease.
  • Attractive Rent Increases | The lease will feature scheduled increases of 10% Every 5 Years.
  • Strong Franchisee Guarantee | The lease will feature a guarantee from JJB Brands.

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Pizza Hut located at 1644 Brantley Avenue Northwest, Cullman, Alabama 35055. The site consists of roughly 2000 rentable square feet of building space on an estimated 1.13-acre parcel of land. This Pizza Hut is subject to a 15-year Triple Net (NNN) lease, which will commence upon close of escrow. The annual rent will be $125,000 and has scheduled increases of 10.00% Every 5 Years.

FOR SALE DETAILS

PRICE

$1,851,852 USD

PRICE/SF

$926 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pizza Hut

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,223 SF

ZONING

-

APN/PARCEL ID

09-09-32-0-001-014.017

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.